Skip to main content

About your Search

20130201
20130228
SHOW
STATION
CNBC 19
LANGUAGE
English 19
Search Results 0 to 18 of about 19
CNBC
Feb 11, 2013 1:00pm EST
, a lot of people are forgetting, they have around $137 in cash and equivalents. the stuff not in the u.s. is really difficult for apple to repay tree ought without a big penalty. we are talking in the neighborhood of $40 billion. it seems like from what apple put out in the statement last week, they are planning to do some sort of extra thing beyond their announced dividend. but it is a smaller pile of cash than people talk about. >> let me bring in molly woo had from c-net. do you they they get in terms of how shareholders are feeling a the moment and how do you think he will respond? >> tim cook has been an executive who is very plug need wall street and move of shareholders. i think that he, possibly more than steve jobs would have, is probably sympathetic to the shareholders and will offer a bonus or something to keep them happy. >> is that enough, though, is the issue. >> exactly. >> the expectations are very high, such as complacency. >> i think that expectations are always high for apple. so there is a very good chance that shareholders will be disappointed. apple has always been
CNBC
Feb 6, 2013 1:00pm EST
's folks. u.s. post office ending saturday delivery of first class mail. if congress will go for it in but the move has major ram mications for business and for you. markets right now, pretty steady this hour. energy has been the leading sector in this recent rally. so are these still -- these stocks still a hot play or are they too hot to handle now? if you thought profits were the thing that is the only thing that ceos cared about, think again. we will tell what you is keeping top guys and girls up at night. my partner sue is up at the stock exchange. sue? >> hi, ty. money-losing u.s. postal service is ending saturday delivery of first class mail. all in an effort to trim costs. postmaster general speaking to cnbc about the move and ramifications for you and for business. pearson is in washington with the plan and political fall out. hampton, you're up first. >> losing about $36 million a day, cutting saturday first class delivery will save about $2 billion a year. it is really the best short term option right now for the postal service with losing $16 billion last year np
CNBC
Feb 12, 2013 1:00pm EST
that is completely an mating the white house. take illinois spending patterns and extrapolate that onto the u.s. economy, that's where the president is proposing to lead us about $26 trillion in debt. i don't think we're going to hear a lot about how the president can grow the economy through the private sector and why unemployment is still at a nagging 7.9%. i think that's where the action is and what he should be talking about but i don't think that's what we'll be hearing. >> when i was on "squawk box" this morning we entered a lot of democrats. they seem to think his last speech and the speech he's going to make tonight are going to be completely embracing both sides of the aisle. do you agree with that assessment? >> i'd be surprised. if you listen to the inaugural speech, this is going to be inauguration 2.0. i'm delighted to be surprised to hear a sincere bipartisan effort on the part of the president. what i've noticed over the past few years, the president's definition of bipartisanship is you vote for my stuff. i don't think that's a way to get to a remedy on a lot of these problems.
CNBC
Feb 26, 2013 1:00pm EST
of a mess is italy. what does it mean for europe and the u.s.? a shift in u.s. energy policy. we were trying to lessen middle eastern imports but something just changed. we'll be back to tackle those topics when "power lunch" returns in 2:00. [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. >>> major snowstorm slamming into the middle west this. video comes from kansas city. they were hit very hard there just a week or so after another storm walloped them. tens of thousands of people lost power in that area. in some parts of the middle west measuring sticks show three feet of snow has fallen. sue, in this digital age we still use measuring sticks. >> it's amazing, isn't it, ty? they have had a lot of snow. it's going to take a while to dig out of that. >>> meantime italian business leaders are in shock at the election results which could cause a political stalemate which in terms could affect much needed economi
CNBC
Feb 4, 2013 1:00pm EST
and spain, to a lesser extent. i would say the declines in the u.s., fairly modest. given that we moved a thousand point in the month of january. >> kenny was here, director of floor with securities. >> we haven't even traded 300 million shares down here today. that's relatively weak. but you made the point. we were up almost 7% year to date. so off a half percent or three quarters percent is not a reason for anyone to panic but a sense the market was exhausted like we been talking about and that in fact maybe it will test the 1475 level for support on the s&p because it was such a tough level to get through on the way up. >> on the way up. >> let's listen to what les had to say because he is longer term bullish and maybe this entry point. take a look. >> this is a crisis for another crisis. we look at again, the market from a cycle of viewpoint, when have you market that started the way this did, consolidated very nicely. now have you exuberant phase, again, i'm still comfortable saying at some point this year, at least 55% possibility. >> all right. 1600 is what he is looking for. is
CNBC
Feb 19, 2013 1:00pm EST
and operates car dealerships, u.s. locations mostly in metropolitan areas in 15 states. reported fourth quarter epps of $0.70. the street wanted to see a $1.19. company ceo talking about strong growth in the fourth quarter, 19% revenue growth. he also said missed some opportunities to maximize profits via complete leveraging of cost structuring. investors unhappy with that miss, stock down 7.5%. josh, back to you. >> thank you so much. einhorn and apple taking their fight to court over return of cash to apple shareholders. the stock down again today and apple lost about 20% of its market value over the past three months. kate kelly is at the courthouse for us in new york city. kate. >> reporter: thanks, tyler. we're just about an hour away from what could be a contentious courtroom showdown, einhorn, founder and apple, inc. they are duking it out over a proposal in the proxy statement that would do away with charter right to issue preferred shares of stock. einhorn seeking an injunction to block the vote on that measure at apple's meeting february 27 wants apple to issue a class of shares to pr
CNBC
Feb 5, 2013 1:00pm EST
securities to win business from wall street. here is u.s. attorney general eric holder. >> during this period nearly every single mortgage backed cbo rated by s&p not only underperformed but failed. simply this alleged conduct is egregious and goes to the very heart of the recent financial crisis. >> important to note. this is a civil lawsuit not a criminal case, so it's much easier for the government to prove. this increasingly is the way the feds are going after the financial crisis. but officials still insist they will not shy away from criminal prosecution if they have the facts. s&p says regarding, the government doesn't have the facts here. in a statement the company says 2020 hindsight is no basis to take legal action against opinions of professionals. tyler. >> good reporting. >>> president obama about to make a statement on his budget proposals. we will have it for you when it happens. it will be from the white house, that podium, then we'll talk live with ranking democrat on the ways and means committee, the big taxing committee. stay with us. we'll be right back. >>> we are waiting
CNBC
Feb 13, 2013 1:00pm EST
expected earnings. biggest farm quick maker, farmers are gearing up to plant the biggest corn crop in u.s. history following the worst drought in the middle west in 56 years. but the stock of deere down at 91.12. simon? >> tyler, let's move over to housing. applications for mortages dropped. that's because interest rates are rising. rising for the fourth week in a row. despite one already hot part of the housing market just keeps gaining steam. an for reasons that you might not immediately guess, diana joins us for more on that in washington. diana? >> simon, as the housing market recovers, we should see more renters turn into buyers but that hasn't been the case and one major reason is women and a huge change in their relationships with men. what am i talking about? okay, listen, ten years ago, the number of men and women in college was about the same. today, there are 4 million more college educated women than men in college and in the work force and the disparity is just getting wider. >> now you've got this massive 4 million-person gap and what we find is, unfortunately, it is created
CNBC
Feb 20, 2013 1:00pm EST
and led lights. we create the biolife camp stove which is for use by u.s. and european emergency preparedness and recreation customers. over the next five years we will bring clean cooking an electricity access to over 1 million homes. >> jonathan is on the right side of your screen. he cannot react to our critiques just yet. diana, real estate reporter, john steinburg president and coo of buzz feed. more executive than resident at polaris ventures and google's teams. folks, let's huddle up. injury reaction, diane. >> i'm interested in how he will bring it to the u.s. market in the u.s. when we talk about either men i preparedness and moving things we do in the home outside the home. >> during sandy in washington square park jonathan had these set up charging people's phones. that's when i saw it. it was in the times. what does it cost to actually make this thing? >> jonathan cedars with us now. come on in. i see you brought your stove. you are now officially with your stove appropriately enough in what we call the hot seat. we will ask you a few questions here and you get to ans
CNBC
Feb 27, 2013 1:00pm EST
apple computer. i want to begin with your take on the u.s. market as it roars back above 14,000. do you think it can break through and go higher this year, even with the federal spending cuts coming? >> sure. this year, yes, absolutely. and the reason is because we are at a second stage of a bull market where there is capitulation going on. people on the side lines are saying, i'm not worried about losing any more. i'm worried about missing out. i have to get back in. that's when you see money come back into the equity market. and that will push the market higher. maybe not tomorrow or friday, but certainly this year. >> you you will like some of the growth names in the american market. some in healthcare. some in other areas. tell me about them and why. >> well, look. more of the financials are in future growth. a lot of the stocks have done very well. so you have very low multiples for future growth. traditionally growth does better in later stages. >> i want to get your views on europe in a moment but while we are still here in the u.s., let's talk about apple, which is down today. s
CNBC
Feb 25, 2013 1:00pm EST
. there you see the little slide, not so little, at the italian market. it sort of trickled over into the u.s. markets. as we countdown to march 1st deadline day for massive spending cuts out of washington. the dow was less than a hundred point from an all-time high but these two issues have now set the bulls back in the u.s. in the past two hours. the industrials now down about 12 point. josh h john harwood is in washington for us. we start with michelle caruso-cabrera in rome. >> tyler, the italian election is not turning out as market participants had hoped. they expected at this point we would have conclusive results out of the i tal yn election. we do not have conclusive results at this point and it is possible that italians may have to vote again for a new prime minister if we don't get an answer in this round. here's what the markets thought would happen. they thought a guy named louigi berosoni, who most americans haven't heard of, would win. and that silvio burr burr le /*y scony would come in 1ekd. he may not have any seats in the government. the mario monti part is crucial because
CNBC
Feb 7, 2013 1:00pm EST
last year and they will be paying out the vast majority of their u.s. free cash flow this year in the form of dividends to the common shareholders and buy backs. look, i think the preferred stock idea is is a really interesting idea. i haven't seen other companies use it, but this may be interesting for a lot of other companies sitting in a lot of ksh and preferred shareholders value dividend much higher than common shareholders, it kind of makes sense. >> why do you think, tavis, that apple sits on so much cash. it is a derivative of a very strong business but they can't be earning much money on that cash. they sit on it. they are not doing a lot of deals. >> look, the bigger issue is u.s. tax policy. 68% of that cash is sitting overseas and to bring that back and give it back to shareholders, requires them not only to pay a tax but also very likely requires tlem to restate their income tax rates in terms of gap accounting which lowers their earnings. so this is not an apple specific issue. it is across the tech industry broadly. and if somebody can can figure out how to unloc
CNBC
Feb 14, 2013 1:00pm EST
on this valentine's day. heinz sold for $23 billion. and u.s. airway shares right now are down a buck six on the trading session. but heinz is up 19%. phil lebeau is all over the airline merger. first, diving into that deal, gentlemen, warren buffett's berkshire hathaway and brazil's 3g ketchup king, buying it out for about $23 billion, the buyingest buyout ever in food industry. shareholders get $72.50 per share but that is a 20% premium to heinz closing stock price yesterday. who are the big winners? check out heinz top institutional shareholders. it is really a who's who list. blackrock, vanguard, state street, capital world and fed rated. warren buffett on squawk box earlier this morning and he talked about his partnership with 3g to buy heinz. >>er with putting up more of the money but going to be an equal equity partner with 3g. and there will be 8 billion of preferred stock. and then well each have 4 and a fraction billion of common equity. swoel split the equity. but we're a financing partner in addition and there are the operational guys. >> well, we always think about ketchup wi
CNBC
Feb 1, 2013 1:00pm EST
. ty? >> sue, thank you. worried about the ever expanding u.s. budget. then stick around. when we come back, an exclusive interview with the fix the debt co-chairs. john harwood is sitting down with the two at the conference in san diego. meanwhile, as we head out, take a look at wal-mart shares, since the dow peaks back in october of '07. there you see it. this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. [ dog barks ] ♪ ♪ [ male announcer ] something powerful is coming. ♪ see it on february 3rd. ♪ all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. >>> it is on
CNBC
Feb 8, 2013 1:00pm EST
in the northeast that use heating oil. of course it is only 6% of homes throughout the u.s. but 80% of those homes are here in the northeast. we are talking about more than a quarter of the homes here in the northeast that use heating oil. and that is having a big impact. in fact it will have a disproportional impact because if you are paying to heat your home with natural gas you are paying far, far less than what you use for paying with heating oil. a lot of that is trickle down of course to the consumer and it is based on what is happening right here behind me in the futures market. we are looking at higher prices pretty much across the board. yes, we have seen a downturn in u.s. oil price because we have a supply boom at least for oil but crude is what a lot of the fuels are based on and that continues to rise higher as well. i have more information on why you pay such high prices now on cnbc.com. take a look. >> sharon, thank you very much. let's get the latest headlines on the storm from jackie deangeles. she has ventured outside of cnbc's headquarters. a brave person is she. there she is. j
CNBC
Feb 15, 2013 1:00pm EST
for the u.s. equity markets, lately. you're why as it went higher, so did our stock market and energy. >> both were going lower now and that served to stall our rally here. >> we have been stalled for a week and it has been churning and churning. unable it pierce the upper limit 55. every time we have the s & p, the market backs off. i'm not surprised with the market being consolidated. the market catching up to itself. what is that a signal of? is gold a signal of deflation ahead? >> i'm struck, it if you can show us a year to date of the do you, bumping up against 14,000 there, this is like a coiled spring but and you wonder which way it is going to break. is it higher or lower and what the catalyst going to be? >> the important thing is that the money is flowing into the u.s. stock market. we are up 1.5% in the month of september. we are the only major global index up. brazil is down. mexico is down. all of europe is down. most of asia is down. hong kong is down. we are the only ones -- >> we are hanging in there. >> we are doing well. i'm not trying to argue the u.s. economy is so
CNBC
Feb 22, 2013 1:00pm EST
didn't expect to see. a tb outbreak in the united states. how big a risk is it for the u.s. in 2013? there are some drug resistant strains making their way around the world in this very infectious disease. it is happening now. make sure you are safe. that's all in the next 59 minutes. simon hobbs is my partner today. he is in for sue. >> let's focus on the economic signs today. the drop took us from record highs, let's not forget. was it the correction that so many people have warned us about? right now, you can see, we are just about to retake on this bounce, it would appear, dow down. s&p, 1513. also higher on oil but we've lost a lot this week. gold, as you can see, 1572. still way below the $1600 level. that market bouncing back clearly, sign number one, for investors heading into the weekend. sign number two comes from europe. european commission very negative on the country's economic prospects for the year. they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, jam
CNBC
Feb 28, 2013 1:00pm EST
here in the u.s. as indicated by gdp. and of course continuing disaster happening in europe. emerging markets are bouncing back. but not consuming as much commodities and energy as they have been. we have reduced our position in gold. we think gold is under pressure because hedge funds are raising so much money right now trying to take care of redemptions and in terms of what are we buying, consumer staple stocks. companies like nesle, telecommunication stocks to participate in. continuing wireless infrastructure build-out. companies like vodafone. >> and you like campbell's soup among others. is that because you are playing it or you think campbell's like heinz might be a juicy takeover tarlg snet. >> let's think about what our strategy is. they will say buy this sector, buy that sector. we are dealing with real people's money. so we make sure we have our assets in different places. campbell's is an opportunity for us to get staples and yes, we think it is a potential take over target like heinz. slow and steady cash flow company. on the other hand you have companies like qualcomm th
CNBC
Feb 21, 2013 1:00pm EST
and simon is with us along with kayla tausche. the ceo of the u.s. tire maker, titan, making industrial tires and so forth, turning done a rescue of a good year plant closed in the country. maurice taylor saying he has no interest because french workers get paid too much and they only work three hours a day. they take an hour-lunch, take another break and talk talk three hours a day. >> when we work, we work better. it may be about to go into a tail spin. could be a major story in 2013. >> could become another sick man in europe, kayla. >> i don't understand, why, if he is worried about saving french jobs, french industry minister, why he didn't go to michelin. here, maurice taylor says i will drive michelin out of business. i want michelin if i'm going to the government. >> a clothing line called rain, heat and snow. so kayla, a jacket for you for chance? >> i'm thinking probably no. if this is an attempt tocate toert younger class to make the post office relevant again, ininstead of doing something like releasing a clothing line, invest in technology to send packages for efficiently.
Search Results 0 to 18 of about 19